FTE1995

DXY: SHORT - Double top reversal. NECKLINE BROKEN

Short
TVC:DXY   Indice Dollaro americano
TECHNICALS:

1.
- Double top bearish reversal pattern formed
- Neckline @ ~ 19.46
- Currently neckline is being broken, if next 4h candlestick closes
below I will go short

FUNDAMENTALS:

- Three high volatility news items today for USD
- Average Hourly Earnings , Non-Farm Employment Change + Unemployment Rate
- Could provide a lot of volatility for USD pairs + commodities so trade with care
- As well as this geopolitical tensions are increasing with Trump "firing the first
shot" in the trade war with China today at 12pm EST.
- If this were to escalate further could prove very bearish for US dollar.

Appreciate any thoughts, comments.

Thanks for reading,

James
Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.